The local share market has spiked to near-record levels after cooler-than-expected inflation paved the way for the Reserve Bank to cut rates next month.
The coalition has referenced the 1990s sitcom Seinfeld in its criticism of Anthony Albanese's failure to secure a meeting with US President Donald Trump.
US stocks have closed lower as the S&P 500 and Nasdaq retreated from record highs after some disappointing corporate earnings while investors awaited a Federal Reserve policy statement.
The local share market has clawed back losses to close marginally higher ahead of a key inflation readout that could determine whether the Reserve Bank cuts interest rates.
The S&P 500 has edged higher to eke out a record high close for a sixth straight session while the Nasdaq also advanced to a closing record in choppy trade.
The local share market has finished higher after the US and the European Union agreed on a preliminary trade deal, greatly easing fears of a global trade war.
Cheaper medicines are on the agenda as federal parliament resumes, following laws to protect penalty rates, reduce university debts and ensure childcare safety.
Australia should encourage business investment and cut complex red tape, the Productivity Commission recommends in a paper ahead of an economic roundtable.
The UK and Australia have laid out a long-term vision for the future of the AUKUS nuclear submarine deal despite questions over America's future involvement.
The S&P 500 and the Nasdaq notched record high closes as results from Google parent Alphabet fuelled optimism while Tesla slumped after results disappointed investors.
The Australian share market has lost ground after slightly hawkish comments by Reserve Bank governor Michele Bullock, while the local currency climbed to an eight-month high.
The S&P 500 and Nasdaq have notched record high closes, lifted by Nvidia and GE Vernova, as the European Union and the US appeared headed toward a trade deal.
The S&P 500 has eked out a record-high close following steep losses in General Motors and a gain in Tesla as investors focused on quarterly reports and progress in US trade discussions.
The local bourse has been unable to push further into record territory, suffering its biggest loss in three months following a similar rally in the previous session.
The S&P 500 and Nasdaq Composite ended little changed, overcoming a brief dip triggered by a report indicating Donald Trump was pushing for new tariffs on European Union products.
The Australian share market has finished at a record high for the third time this week, with every sector gaining ground in the bourse's biggest rally in three months.
Wall Street rose to records on Thursday following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies.
